December 19, 2019 Terry’s Tips Trade Alert   – Earnings Eagle  Portfolio

We need to add some calendars at a lower strike, and we will experiment with buying some with the furthest-out weekly as the long side and one way out to April:

BTO 3 KMX 31Jan20 95 puts (KMX200131P95)
STO 3 KMX 20Dec19 95 puts (KMX191220P95) for a debit of $1.57  (buying a calendar)

BTO 1 KMX 17Apr20 95 put (KMX200417P95)
STO 1 KMX 20Dec19 95 put (KMX191220P95) for a debit of $3.55  (buying a calendar)

Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry